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COUNCILMEMBERS <br />CITY COUNCIL <br />MINUTES <br />' <br />TUESDAY, AUGUST 22, 2017, 3 P.M. <br />ART PICK COUNCIL CHAMBER <br />City ofArts Unnovation CITY HALL <br />3900 MAIN STREET WARDS <br />G <br />R <br />D <br />N <br />E <br />R <br />1 <br />M <br />L <br />E <br />N <br />D <br />R <br />E <br />z <br />2 <br />S <br />UO <br />B <br />I <br />R <br />O <br />U <br />S <br />3 <br />C <br />NO <br />D <br />E <br />R <br />4 <br />M <br />C <br />A <br />R <br />T <br />H <br />U <br />R <br />5 <br />P <br />R <br />R <br />Y <br />6 <br />V <br />C <br />A <br />N <br />T <br />7 <br />Roll Call: <br />Present <br />X <br />X <br />X <br />X <br />A <br />A <br />In the absence of Mayor Bailey, Councilmember Gardner called the meeting <br />to order at 3 p.m., in the Art Pick Council Chamber with Councilmembers <br />Mac Arthur and Perry absent. <br />PUBLIC HEARINGS/PLANNING REFERRALS AND APPEALS <br />CALIFORNIA BAPTIST UNIVERSITY - CALIFORNIA STATEWIDE <br />COMMUNITIES DEVELOPMENT AUTHORITY REVENUE BONDS - <br />RESOLUTION <br />Hearing was called on behalf of California Baptist University to consider <br />adoption of a resolution approving the issuance by the California Statewide <br />Communities Development Authority (CSCDA) of tax-exempt revenue <br />bonds in an amount not -to -exceed $115 million for the refinancing of <br />acquisition, construction, improvement, and equipping costs for facilities at <br />California Baptist University (CBU). One person spoke on the matter. The <br />public hearing was officially closed. Following discussion, the City Council <br />adopted a resolution approving issuance of tax-exempt revenue bonds in an <br />amount not -to -exceed $115 million by CSCDA for the above-named <br />purposes for the benefit of CBU; whereupon, the title having been read and <br />further reading waived, Resolution No. 23221 of the City Council of the City <br />of Riverside, California, Approving the Issuance of the California Statewide <br />Communities Development Authority Revenue Bonds (California Baptist <br />University), Series 2017, in an Aggregate Principal Amount Not -To -Exceed <br />$115,000,000 for the Purpose of Refinancing the Acquisition, Construction, <br />Improvement, and Equipping of Certain Educational, Administrative, and <br />Motion <br />X <br />Student Housing Facilities and Certain Other Matters Relating Thereto, was <br />Second <br />X <br />presented and adopted. <br />All Ayes <br />ORAL COMMUNICATIONS FROM THE AUDIENCE <br />There were no oral comments given at this time. <br />COMMUNICATIONS <br />LEGISLATIVE REPORT <br />The Intergovernmental relations and legislative update was not held. <br />103-36 <br />